Mtm N.i. Ltd

Mtm N.i. Ltd, based in Ballynahinch, UK, is a small, active family business established ten years ago. Employing nine people, the company holds £915,313 in assets and operates from a real address. With three directors and three owners, it’s a tight-knit operation. The company is an irregular importer of optical and medical tools and devices (two months of imports) and an irregular exporter of electrical machinery and equipment (one month of exports).

The company’s website, machinewoolmaintenance.co.uk, reveals a focus on machine tool repair and service. Established in 1996, the company assists engineering firms with mechanical, electrical, and electronic service and repair. It boasts international recognition, working with businesses across the USA, Singapore, Malaysia, and Europe, while still prioritizing local businesses in Northern and Southern Ireland. The site offers services including automation, retrofitting, machinery moving, and installation, alongside a shop for spare parts.

Financially, Mtm N.i. Ltd presents a mixed picture. Current assets have decreased by 14% to £920,000, while net assets also fell by 11% to £890,000. Cash bank on hand has dropped 14% to £550,000. Creditors have seen a significant decrease of 23%, suggesting improved debt management. However, trade debtors have also fallen by 19%, which could indicate slower sales. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity raises questions. The accounts are unaudited and exempt, so there's no external verification. It seems that the company is holding steady, but there's a bit of pressure on its financial health.

Registered in Northern Ireland under the registration number NI629848, with a registered address at BT24 7EJ, Northern Ireland, Ballynahinch, County Down, 2 Killyleagh Road, Saintfield.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.